This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 2-bathroom house of 83 m², built in 1937, energy rating C. Located União das Freguesias de Querença, Tôr e Benafim parish, Loulé municipality, Faro district. Noteworthy Features: The property offers dual-side access and boasts a rare water well, enhancing its value and potential for expansion in an urban environment.
The valuation. The asking price of €348,000 sits €56,343 (16.2%) below the fair value of €404,343, indicating that the property is underpriced. This presents a strong opportunity for investment without overextending the budget.
Fair value modelled at €404,343 from the area baseline, adjusted for condition and location. Asking €348,000 sits €56,343 (16.2%) below — the upside to fair value.
Asking €348,000 versus the União das Freguesias de Querença, Tôr e Benafim, Loulé, Faro area baseline of €397,985 (€4,795/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 65 · Materials 68 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
União das Freguesias de Querença, Tôr e Benafim, Loulé, Faro
Area baseline €397,985 + condition -€11,153 + location +€17,511 = modelled fair value of €404,343 (€4,872/m²), a €56,343 (16.2%) gap versus the €348,000 asking price.
Short-term vacation rental The property is located in a suburban area of Algarve with strong tourism influence, making it an attractive option for short-term vacation rentals. With a fair value of €404,343, there is a 16.2% gap to its listing price of €348,000, indicating significant upside potential in this strategy. Long-term rental Investing in a long-term rental strategy could yield steady returns in the growing suburban market, despite the property currently offering a gross yield of 0%. Given the fair value of €404,343 and the listing price of €348,000, this property presents an advantageous entry point in a desirable location. Family rental As a family rental, this 2-bed house benefits from its suburban setting, appealing to families looking for residential stability. The 16.2% gap to fair value suggests that while the potential rental income may not be immediate, the investment remains promising as property values rise in the area.
Lack of Economic Growth The economic stability score of 55/100 suggests a potential risk due to limited growth prospects that may affect rental income and property value in the future.
